After a weak beginning, the BSE Sensex further fell by 187.11 points to 65,693.41. The Nifty declined 55.35 points to 19,555.70. File

Domestic equity benchmark indices fell in initial trade on September 7 tracking weak global markets and foreign fund outflows.

After a weak beginning, the BSE Sensex further fell by 187.11 points to 65,693.41. The Nifty declined 55.35 points to 19,555.70.

From the Sensex pack, Mahindra & Mahindra, Bajaj Finance, Nestle, UltraTech Cement, JSW Steel, Hindustan Unilever, Infosys and Power Grid were the major laggards.

Maruti, State Bank of India, Larsen & Toubro and Bharti Airtel were among the gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.

The U.S. markets ended in the negative territory on September 6.

Global oil benchmark Brent crude declined 0.19% to $90.43 a barrel.

“A major concern in the market is the Brent crude rising above $90 with negative implications for India’s macros and inflation,” said V.K. Vijayakumar, chief investment strategist at Geojit Financial Services.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,245.86 crore on Wednesday, according to exchange data.

Fag-end buying helped the BSE benchmark climb 100.26 points or 0.15% to settle at 65,880.52 on September 6. The Nifty advanced 36.15 points or 0.18% to end at 19,611.05.

The BSE Sensex climbed 232.43 points to 65,229.03 in early trade. File
| Photo Credit: Reuters

Equity benchmark indices began the trade on an optimistic note on August 29, extending their previous day’s rally, amid firm trend in global markets.

The BSE Sensex climbed 232.43 points to 65,229.03 in early trade. The NSE Nifty gained 71.85 points to 19,377.90.

From the Sensex pack, Tata Motors, Tech Mahindra, NTPC, Power Grid, Jio Financial Services Ltd., Wipro, HCL Technologies and HDFC Bank were among the major gainers.

Bharti Airtel, Axis Bank, Reliance Industries and IndusInd Bank were among the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains.

The U.S. markets ended in the positive territory on August 28.

Global oil benchmark Brent crude declined 0.02% to $84.40 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,393.25 crore on August 28, according to exchange data.

The BSE benchmark had climbed 110.09 points or 0.17% to settle at 64,996.60 on August 28. The Nifty gained 40.25 points or 0.21% to end at 19,306.05.